INTENT
Circulation Tools, L.L.C. terms and conditions will apply to any and all tools and equipment rented by Circulation Tools, L.L.C. Terms and Conditions apply to any and all rentals of Circulation Tools, L.L.C.’s property.
TERMS AND CONDITIONS
Customer of Circulation Tools, L.L.C., will accept and agree to the rental Terms and Conditions of lease.
1. “Ownership of Property”
- Circulation Tools, L.L.C.’s rental equipment will at all times remain the property of Circulation Tools, L.L.C.
- A minimum of five (5) days rental will be charged on all equipment. Long term rental agreements are available and any Term or Condition for same shall be agreed upon by both Circulation Tools, L.L.C. and the Customer prior to the commencement of the equipment rental.
- Rental period begins when equipment leaves Circulation Tools, L.L.C.’s facility. Rental period ends upon return of the equipment to Circulation Tools, L.L.C. facility located at 1667 Wiemann Road, Houma, LA 70363.
- The Customer will be responsible for all transportation and freight charges. The customer is fully responsible for any loss or damage which occurs during the transportation of the equipment.
- Unless previous arrangements are made, no return equipment will be unloaded between the hours of 8:00PM and 7:00AM.
- The Customer is responsible for any loss or damage to Circulation Tools, L.L.C.’s equipment which occurs during the rental of said equipment.
- All costs for repairs made to damaged equipment will be charged to the Customer.
- Rental equipment lost, not returned, or damaged beyond repair will be billed to the Customer at the current replacement prices.
- HURRICANE SEASON – when a hurricane watch (sustained winds of 73 mph or greater are possible within 36 hours) is issued by the National Weather (Hurricane) Center to include Houma, Louisiana (our facility), Circulation Tools will cease to receive equipment from customer locations or docks. All equipment not returned to our Houma facility at this point, will remain on “RENT” status and the customer will be responsible for the “CARE, CUSTODY and CONTROL” of such equipment.
- The Customer will be responsible for returning all equipment in proper working order, clean of any fluids, products, cement, or Naturally Occurring Radioactive Material (NORM).
- The Customer will be charged for disposal costs and time necessary to remove and clean residual material from equipment.
- The Customer agrees to indemnify and hold Circulation Tools, L.L.C. harmless from any and all damages or losses, by Customer or their Agent, which may result from rental, usage, or transportation of Circulation Tools equipment.
- The Customer is strictly prohibited from by-passing any safety devices, or making any modifications to Circulation Tools, L.L.C.’s equipment.
- All rental charges will be due and payable thirty (30) days following invoice date. The Customer agrees to pay 1 ½% monthly rate of interest on unpaid invoices. Lessee will be responsible for all collection costs and attorney’s fees.